Message from the Chairman & CEO

Dear Valued Customers, Partners, and Shareholders,

As the Founder, Chairman, and CEO of Twin Cedars Bank, it is my pleasure to connect with you during this exciting chapter in our journey. Through the acquisition of the State Bank of Bussey, Twin Cedars Bank has grown from a vision into a thriving financial institution, dedicated to providing exceptional service and financial solutions to our customers and communities.

When I founded Twin Cedars Bancorp, Inc., my goal was simple: to build a bank that people could be proud to have in their lives—a bank that puts people first, rooted in trust, integrity, and a deep commitment to the communities we serve. Today, I am proud to say that our bank has not only upheld these principles but has also evolved into a dynamic organization that continues to lead with purpose.

This year has been particularly momentous for us. We were honored to be recognized on Inc. Magazine's #Inc5000 2024 list as one of America’s fastest-growing companies. This achievement is a testament to the hard work, dedication, and passion of our team, and the unwavering trust you, our customers and partners, have placed in us. I extend my deepest gratitude to each of you for being part of our success.

At Twin Cedars Bank, we are committed to continually enhancing the banking experience by investing in technology, expanding our services, and deepening our relationships with the communities we serve. Our new initiatives, such as the Money IQ financial literacy program, are designed to empower our customers with the knowledge and tools they need to achieve financial well-being.

In closing, our vision would not be possible without the dedication of an extraordinary group of people. People are the most important element in business, and banking is a great conduit for bringing people together. As our Founder, Chairman & CEO, I have incredible opportunities to meet, motivate, and assist people in their business journeys each day. The Twin Cedars Bank team I work with, the bank clients I deal with, and the associates who support the Bank are all dedicated, inspiring, growth-oriented people. When you love what you do and seriously enjoy the people you work with, success is purely a byproduct.

Let's Grow Together!

Warm regards,

Rudy N. Fors, Chairman, President & Chief Executive Officer